Mortgagee Brokerage Firm with continued growth

Gainesville, FL
Alachua County

Motgage Brokerage Firm


Asking Price: Annual Revenue:
$850,000 $546,929

Services: Financial, Accounting, Insurance


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RE: Mortgagee Brokerage Firm with continued growth Broker: Seller of Business
License #: CQ243772
Owner Financing is Available!
Pre-qualified for SBA acquisition loan.

Quick Facts

Asking Price: $850,000
Annual Revenue: $546,929
Net Profit: $343,441
Cash Flow: $343,441
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 813156850
Broker Reference #: Not Disclosed

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Business Overview:

Mortgage Brokerage Firm with exceptional reputation. Well established with repeat clients and referrals. They provide FHA, VA, conventional, refi and RHS home loans. By being an independent brokerage - it allows them to have competitive rates while keeping overhead low.
They have not seen a slow down doing the Covid lockdown

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Market Competition and Expansion:

Excellent reputation gives them repeat clients and referrals as well a an ad program that gives them new clients. Adding more loan officers will allow the firm to process more loans.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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